Stifel raised the firm’s price target on Casella Waste (CWST) to $129 from $127 and keeps a Buy rating on the shares. FY25 is set up for “another year of double-digit growth,” driven by the roll-over impact of FY24 deals, $40M of annualized revenues closed year-to-date and stable mid-single digit organic growth, the analyst tells investors in a post-earnings note.
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Read More on CWST:
- Casella Waste Systems Reports Strong 2024 Financial Growth
- Casella Waste Systems’ Earnings Call Highlights Growth and Optimism
- Casella Waste Valuation Concerns: Sell Rating Maintained Amid Premium Pricing
- Casella Waste reports Q4 adjusted EPS 41c, consensus 16c
- Casella Waste sees FY25 revenue $1.775B-$1.805B, consensus $1.73B